This Week's Key Earnings Reports

NEW YORK (TheStreet) -- Today I am profiling earnings for eight stocks that I believe are the most important to track this week. Two are gold mining companies which have lagged the price of gold. Two are the major oils-energy stocks in the Dow Industrial Average. One is a benchmark for consumers' use of credit cards. Another is a big-cap pharmaceutical company in the Dow. I also included a major generic drug company and a chain of coffee shops.

Market technicals deteriorated last week with both the Dow Industrial Average and S&P 500 ending the week with negative weekly chart profiles. The Nasdaq and Russell 2000 were already negative. Dow transports ended last week with a neutral weekly chart.

At www.ValuEngine.com we show that 11 of 16 sectors are overvalued. The five most overvalued are; construction by 17.0%, medical by 11.3%, retail-wholesale by 10.9%, finance by 10.8%, utilities by 10.4% and consumer staples by 10.4%.

Reading the Table

OV/UN Valued: The stocks with a red number are undervalued by this percentage. Those with a black number are overvalued by that percentage according to ValuEngine.

VE Rating: A "1-engine" rating is a strong sell, a "2-engine" rating is a sell, a "3-engine" rating is a hold, a "4-engine" rating is a buy and a "5-engine" rating is a strong buy.

Last 12-Month Return (%): Stocks with a red number declined by that percentage over the last twelve months. Stocks with a black number increased by that percentage.

Forecast 1-Year Return: Stocks with a red number are projected to decline by that percentage over the next twelve months. Stocks with a black number in the table are projected to move higher by that percentage over the next twelve months.

Value Level: The price at which to enter a GTC limit order to buy on weakness. The letters mean; W-weekly, M-monthly, Q-quarterly, S-semiannual and A-annual.

Pivot: A level between a value level and risky level that should be a magnet during the time frame noted.

Risky Level: is the price at which to enter a GTC limit order to sell on strength.

Pfizer ( PFE) ($25.43): Releases their earnings report pre-market on Tuesday. The stock has a buy rating according to ValuEngine with a favorable P/E. The stock is above its 200-day simple moving average (SMA) at $22.91. Pfizer set a multi-year high at $26.09 on Oct. 18. The weekly chart is overbought with the five-week modified moving average (MMA) at 24.91 and the 200-week SMA at $18.54. Investors and traders should sell strength to my quarterly pivot at $25.74 and then employ a "buy-and-trade" strategy between the value level and risky level.

MasterCard ( MA) ($452.98): Releases its earnings report pre-market on Wednesday. The stock has a buy rating according to ValuEngine with an elevated P/E and is above its 200-day SMA at $424.28. The stock set a multi-year high at $486.08 on Oct. 17. The weekly chart profile is negative with the 200-week SMA at $278.04. Investors and traders should employ a "buy-and-trade" strategy between the value level and risky level.

Stocks Reporting Pre-market Thursday

Barrick Gold ( ABX) ($39.18): Has a buy rating according to ValuEngine with a favorable P/E. The stock is below its 200-day SMA at $40.69. The stock set its 2012 high at $50.39 on Feb. 2 and its 2012 low at $31.00 on July 26. The weekly chart profile is negative with the 200-week SMA at $42.42. Investors and traders should employ a "buy-and-trade" strategy between the value level and risky level.

Teva Pharmaceuticals ( TEVA) ($40.39): Has a buy rating according to ValuEngine with a favorable P/E and is below its 200-day SMA at $41.94. The stock set its 2012 high at $46.38 on May 1 and its 2012 low at $37.40 on June 20. The weekly chart is neutral with the stock below its 200-week SMA at $47.96. Investors and traders should employ a "buy-and-trade" strategy between the value level and risky level.

Exxon Mobile ( XOM) ($90.62): Has a buy rating according to ValuEngine with a reasonable P/E and is above its 200-day SMA at $86.24. The stock set a multi-year high at $93.67 on Oct. 19. The weekly chart is overbought and shifts to negative with a weekly close below the five-week MMA at $90.70. The 200-week SMA is at $74.98. Investors and traders should employ a "buy-and-trade" strategy between the value level and risky level.

Stocks Reporting After Market Thursday

Newmont Mining ( NEM) ($53.07): Has been upgraded to buy-from-hold according to ValuEngine with a reasonable P/E and is above its 200-day SMA at $51.84. The stock set its 2012 high at $64.43 on Feb. 23 with the 2012 low set at $42.95 on July 27. The weekly chart is negative with the 200-week SMA at $52.77. Investors and traders should sell strength to my annual pivot at $53.89 and then employ a "buy-and-trade" strategy between the value level and risky level.

Starbucks ( SBUX) ($45.87): Has a buy rating according to ValuEngine with an elevated P/E and is below its 200-day SMA at $51.37. The stock set a multi-year high at $62.00 on April 16. The stock has a negative weekly chart profile with the 200-week SMA is $31.87. Investors and traders should employ a "buy-and-trade" strategy between the value level and risky level.

Stocks Reporting Pre-market Friday

Chevron Corp ( CVX) ($111.18): Has a buy rating according to ValuEngine with a favorable P/E and is above its 200-day SMA at $107.67. The stock set a multi-year high at $118.53 on Sept. 19. The stock has a negative weekly chart profile with the 200-week SMA is $88.37. Investors and traders should employ a "buy-and-trade" strategy between the value level and risky level.

At the time of publication the author held no positions in any of the stocks mentioned.

This article is commentary by an independent contributor, separate from TheStreet's regular news coverage.

Richard Suttmeier has an engineering degree from Georgia Tech and a master of science from Brooklyn Poly. He began his career in the financial services industry in 1972 trading U.S. Treasury securities in the primary dealer community. In 1981 he formed the Government Bond Department at LF Rothschild and helped establish that firm as a primary dealer in 1986. Richard began writing market research in 1984 and held positions as market strategist at firms such as Smith Barney, William R Hough, Joseph Stevens, and Rightside Advisors. He joined www.ValuEngine.com in 2008 producing newsletters covering the U.S. capital markets, and a universe of more than 7,000 stocks. Richard employs a "buy and trade" investment strategy and can be reached at RSuttmeier@Gmail.com.

More from Opinion

Elon Musk's Twitter Tirade Is the Dumbest Thing on Wall Street

Elon Musk's Twitter Tirade Is the Dumbest Thing on Wall Street

Why Google's Search Momentum Won't Be Badly Hurt by New EU Rules

Why Google's Search Momentum Won't Be Badly Hurt by New EU Rules

Flashback Friday: Amazon, Chip Stocks, Memorial Day

Flashback Friday: Amazon, Chip Stocks, Memorial Day

Time to Talk Tesla: What Happened This Week, Elon?

Time to Talk Tesla: What Happened This Week, Elon?

Apple Needs to Figure Out Its Self-Driving Vehicle Strategy

Apple Needs to Figure Out Its Self-Driving Vehicle Strategy